Oaktree Specialty Lending: Priced Attractively, But Dividend May Be Threatened
Oaktree Specialty Lending (OCSL) Seeking Alpha·2024-07-03 03:47
Portfolio Visualizer Valuation In terms of valuation, the price has trended downward for the year as a result of the lack of meaningful NAV growth. However, the price does trade at a very slight premium to NAV of about 0.5%. This is a slightly more attractive premium than when I initially covered OCSL and the premium sat above 1%. However, these differences are quite trivial and there are plenty of BDCs that regularly trade at massive premiums or massive discounts. A lot of the pricing depends on the fund's ...